North Central Development Center Inc

Analysis

North Central Development Center Inc is a registered charity in United States, based in Ainsworth, NE. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, North Central Development Center Inc reported income of $178k and spending of $77k, leaving 57% of income unspent that year. Across the 2 years on record, from December 2019 to December 2021, income grew from $138k to $178k (+29%), an average of +29% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 384% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, North Central Development Center Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NE. Charities of a similar size with the same main cause include The Imani Group Inc ($178k), Hudson Downtown Business Improvement District Inc ($178k) and Reinvent Horton Community Development Association Inc ($178k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $57k. At year end it held assets of $215k against liabilities of $77k, net assets of $138k. It reported 1 employees.